Another Attempt to Produce Rare-Earth Minerals in the U.S.

URLhttps://www.supplychainbrain.com/blogs/1-think-tan
SourceSupply Chain Brain
Date Published06/01/2020
Author NameRobert J. Bowman
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name USA Rare Earth
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2020
Year reshoring implemented or to be implemented:2020
Domestically, the work will be done:In-house
Country(ies) from which reshored:China
City reshored to:Wheat Ridge
State(s) reshored to:CO
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredrare earth materials processing
What non-domestic negative factors made offshoring less attractive?Intellectual property risk, Supply chain interruption risk/Natural disaster risk/Political instability
What domestic positive factors made reshoring more attractive?Impact on domestic economy
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